Highlights For the three months ended 30 June 2017 2018 Change - - PowerPoint PPT Presentation

Highlights

* On a like-for-like basis: at constant rates and excluding Le Couvent des Minimes and LimeLife 2

For the three months ended 30 June 2017 2018 Change Net sales (million €) - reported rates 279.5 296.8 +6.2% Growth at constant rates +12.3% Like-for-like growth* +3.6% Growth per segment at constant exchange rates: Sell-out +13.5% Sell-in +8.7% Fastest growing countries (local currency): US +73.7% Hong Kong +25.5% Same Store Sales Growth

• 0.6%

0.6% +1.2 pp Net Store openings 4

• 7
• 11

3

Net Sales Breakdown

Sales by segment Exposure to growth markets

USA 18.1% Japan 16.4% China 11.2% Hong Kong 9.3% France 7.7% Brazil 4.3% UK 3.5% Russia 3.0% Taiwan 2.4% Other countries 24.1% Sell-out 74.4% Sell-in 25.6%

(Q1 FY2018: 73.8%) (Q1 FY2018: 26.2%)

• 50

50 100 150 200 Comp stores Non-comp stores & others Sell-in FX rates million €

Q1 FY2018 Q1 FY2019

3%

• verall sales growth: 6.2%

local currency growth: 12.3% currencies: -6.1% Contribution to growth(2) : 78% 19% +1% +59% +9%

• verall sales growth: 6.2%

4

(1) Others include LimeLife, marketplaces, mail-orders and other service sales (2) Excluding the impact of foreign currency translation effects

Net sales up 12.3% at constant exchange rates

(6.2% at reported rates)

(1)

10 20 30 40 50 60 70 France UK USA Brazil Russia

Q1 FY2018 Q1 FY2019

0%

• 3%

72% 4% +0% +74% 3% +9% +9% Contribution to growth(1) :

• 8%

million €

5

(1) Excluding foreign currency translation effects (2) Excluding LimeLife, growth is 2.2% at constant rates

Sales growth by geography – Americas and Europe

(at constant rates)

(2)

• 30
• 20
• 10

10 20 30 40 50 60 70 80 Japan Hong Kong China Taiwan Other countries FX rates

Q1 FY2018 Q1 FY2019

• 5%

18% 11% 0% 1%

• 3%

+26% +12%

• 2%

+0% Contribution to growth(1) : million €

6

(1) Excluding foreign currency translation effects

Sales growth by geography – Asia and Other Countries

(at constant rates)

7

Net store openings by region

7 net own-stores closed

• 1

5 4 5

• 11
• 1
• 7

Asia-Pacific Americas Europe & S. Africa Total

Q1 FY2018 Q1 FY2019

8

(1) Including own E-commerce and excluding stores closed for renovation

Same store sales growth profile (1)

Q1 FY2019 compared to Q1 FY2018

2.4%

• 4.1%

14.7%

• 3.5%
• 2.8%
• 0.6%
• 2.2%

11.1% 7.8% 0.9%

• 2.7%

0.6% Japan Hong Kong China Taiwan Other countries Group

Q1 FY2018 Q1 FY2019

• 7.8%
• 2.9%
• 6.9%

2.0%

• 6.4%
• 4.7%
• 6.2%

2.7% 6.5% 2.5% France UK USA Brazil Russia

9

This document is for information purposes only without any binding effect; in case

• f any inaccuracies, incompleteness or inconsistency with other documents, only

the Company’s latest issued annual or interim report for detailed financials shall prevail and shall be deemed to be the only official document. The financial information and certain other information presented in a number of tables have been rounded to the nearest whole number or the nearest decimal. Therefore, the sum of the numbers in a column may not conform exactly to the total figure given for that column. In addition, certain percentages presented in the tables reflect calculations based upon the underlying information prior to rounding and, accordingly, may not conform exactly to the percentages that would be derived if the relevant calculations were based upon the rounded numbers.

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